Senate for profit schools

http://www.nbcnews.com/news/educati...lleges-students-face-uncertain-future-n178231

Now I didn't attend one of these schools. I went to a local community college for my automotive degree. Ironically a guy I used to work with went to Wyotech. He had 30k for student loans and I had none. I paid for school with the money I had saved up. Plus I worked full time. My bill was only four grand for two years.

I never liked those schools because their excuse for convenience was way to much. And the job placement was horrible. Wyotech gave guys big bills and without real experience they got very little pay. The pay I got in college equaled theirs after the student loan bills. And mine went up significantly after getting out of school.

The problem I see with for profit schools are they do not provide real job placements and internships. If you go to school, you should be working while going to school. If you don't you lose out on good jobs for at least a few years.

 

I definitely think giving federal student loans to attend for profit schools is problematic, because that just encourages schools to try to extract as much money from the federal government via the student. There's also little incentive for student retention.

 

anecdotal reason why i dont trust for-profit colleges: ive known two administrative employees of university of phoenix (what with living here in phoenix) and one of grand canyon university (a christian university that adopted a for profit model after financial troubles in 2004). all three eventually quit because they were so disgusted with the institutional policies vis a vis recruitment, billing, etc. i cant think of another industry where everyone ive become acquainted with from that industry has quit for ethical reasons. pretty damning, in my mind

i currently know a pair of GCU nursing students -- i advised them to hold off when they decided to matriculate. i hope it works out well for them, but the administrator stories as well as the stories of former gcu students ive known have not made me optimistic

 

Don't have an issue with them. They've been great for me.

 

They're disgusting and should be abolished. That effect would mostly be achieved if the Federal government cut off financial aid

 

Most of the same factors that encourage for-profits to "extract as much money from the federal government via the student" also apply to public schools and non-profits.

 

I agree, but non-profit schools have a much better track record in terms of student outcomes. It also reduces profiteering because the school itself does not profit (whereas some individuals do profit from schools being more flush with cash).

 

Out of curiosity...do you remember how you answered this odd employment question?

 

Well, there's a good reason that's not an option.

 

Great answer to their very poor question.

 

For profit graduates are just as qualified to flip burgers as non profit.

 

Why would I go to work when at college when there is beer to drink?

 

heyoooo

 

Sorry, I can't get over how stupid it is to call a university a "school". Anyway...

I never understood why you don't subsidise education in the US and fix student loan rates at CPI. You want an educated population for the downstream economic and social benefits; but I forgot. You have Republicans and their pal Jesus was all about not handing anything out.

 

I had a friend that worked for a Corinthian campus for a few years as a recruiter. She was paid a very nice salary (enough for her to afford a brand new car and a brand new two-story house), but she did often say that she was always under a lot of pressure to meet ridiculous quotas. She was apparently one of the best recruiters and always surpassed her peers in the number of students she could recruit each quarter so so. But this started backfiring for her, as her managers would then expect her to outdo her own numbers each quarter.

I have a relative that also used to work for DeVry in the same position. Same situation: pressure to meet quotas.

EDIT:

I attended both types of schools. My instructors also taught at both types of schools with the same text books, etc, etc.

I found the educational experience to be rather similar between the two types. Each had some horrible instructors, and each had some very remarkable instructors. Job placement wasn't anything special, but I found my instructors more useful in helping me find opportunities than the Career department.

 

I agree, I can't understand why making services that are seen as essential such as education and healthcare for profit is ever a good idea.

 

Well for profit doesn't have to be a bad thing. Except in the US apparently.

 

Food and housing are done for profit - they're both more essential than healthcare and education.

 

my sister recently received $35k from the australian government to spend on some ****ty business school that is offering some ****ty 6 month course (which is probably worth about $5k at a local TAFE) but which included as an incentive... a free, all expenses paid trip to LA for a "business seminar". plus a free ipad and stuff. she just did it for the free trip, and will never pay it back. nice waste of tax payers money right there - good work australian government!

 

Food and housing are products, not services like health care and education.